04-04-2016 20:34 via insuranceinsider.com

Qatar introduces insurance regulations

The Qatar Central Bank has issued the first set of comprehensive
regulations for the country's insurance industry.
Governor Sheikh Abdullah bin Saud Al-Thani issued the
instructions last week.
They introduce rules that define a broad range of regulatory and
prudential requirements relating to licensing, regulation and
controls, risk management, accounting and actuarial reports, and
capital requirements.
The regulations stipulate that listed insurance companies must
retain capital of more than 10
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